Monday, November 14, 2016

The Trump Infrastructure Plan - Make Rural America Great Again

Several points from the Cowen post - - (1.) What Trump means
by infrastructure (i.e., how broad under the infrastructure umbrella) will be
interesting - - probably going to view infrastructure through the lens of a
real estate developer, (2.) P3s need infrastructure to be monetized - - very
hard to monetize infrastructure in rural areas. P3s are a dense living
urban thing - - an urban didn’t win the election for Trump, and (3.) A bunch of
small towns in NC for example that lost textile and furniture manufacturing
jobs - - never coming back. Seems to force the issue of a political
strategy where getting infrastructure jobs (or any jobs for that matter) to
“small” American is critical.

It could be we will have a “large” infrastructure plan
directed toward “small” America - - need to watch this. Could be a
complete federal focus shift - - rural, especially rural manufacturing centers
are highly targeted. The hats will need to be redone - - “Make Rural
America Great Again”.